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Bloomberg Vestas Wind Systems A/S, the world’s largest maker of wind turbines, has pledged to eliminate all waste in the production of its machines by 2040 as part of its drive to hit carbon neutrality by the start of the next decade. With wind power estimated to make up more than a quarter of the world’s power mix by 2050, ...

Bloomberg Sono Motors, the embattled German startup working to serially produce a solar-charged electric car, said it’s achieved a crowdfunding goal that will let the company stay in business. The sum passed its $55 million goal, the Munich-based company announced in a tweet. It had hoped to raise the amount by January 21. Sono announced the move to crowdfunding in ...

Bloomberg Two units at the Hwange thermal power station have been returned to service after flooding occurred on January 18 and caused the power station to be forcibly shut, the Zimbabwe Power Co said. “Units 1 and 4 returned to service this morning, while unit 2 is expected back in service by day end,” the Zimbabwe Power Co said. The ...

Bloomberg Bombardier Inc’s deal with Airbus SE to rescue its long-delayed and over-budget jetliner programme was supposed to be a lifeline for the struggling manufacturer. Now the Canadian company is rethinking the joint venture, pushing the iconic train and plane maker to the brink once more. The shares posted their biggest loss ever — Bombardier is almost a penny stock ...

Bloomberg South African Airways (SAA) said all flights are operating normally as the government looks for ways to provide 2 billion rand ($138 million) in funding for the embattled national carrier. While there may be “flight schedule amendments” in the future, details of those changes will be announced when finalised, SAA said in an emailed statement on Monday. The airline ...

Bloomberg Airbus SE is developing a derivatives-based trading platform that will allow airlines to protect against declines in ticket prices — and potentially help sustain growth and jet orders. Clients of the Skytra subsidiary will trade futures and options on a series of indexes that capture fare fluctuations across the industry. The venture is the brainchild of two Airbus veterans ...

Bloomberg A Netflix-branded product strikes again. Ice cream maker Ben & Jerry’s is the latest brand to cash in on the streaming service’s wide appeal and status as a cultural touchstone. “You’ll never want to watch Netflix without it,” Ben & Jerry’s says about the new flavour called Netflix & Chilll’d — yes, with an extra “L” — featuring peanut ...

Bloomberg Hong Kong International Airport’s passenger numbers fell for the first time in a decade last year, as months of anti-government protests deterred people from coming to the city. The airport handled 71.5 million passengers in 2019, a decline of 4.2% from a record 74.6 million the previous year, the Airport Authority of Hong Kong said. That meant Hong Kong ...

Bloomberg Richemont shares rallied the most in three years as strong appetite for Cartier jewellery and IWC watches during the holiday season signalled consumers still want to splurge on luxurious bling. The improvement comes as a relief to investors after a first half that was marred by protests and store closures in Hong Kong and contracting profitability in the jewellery ...

Bloomberg Asking prices for UK homes increased by the most for any January on record in a sign that the Conservatives’ December election win boosted confidence, according to property website-operator Rightmove. Values increased 2.3% on the month to an average 306,810 pounds ($400,000) Rightmove said in a report on Monday. In London, they gained 2.1% from a month earlier, a ...